MBNA Smart Cash Platinum Plus Mastercard

Ongoing: 2% cash back on gas and groceries subject to a $500 MONTHLY spend cap, then 0.5% on those categories; 0.5% on all other eligible purchases. Conservative reading: the $500 monthly cap is a single shared cap across gas and groceries combined, which annualises to $6,000 of accelerated spend (recorded in earn_cap_annual) and a maximum of about $120 of accelerated cash back per year. The cap resets each monthly statement period, not annually. For the first 6 months the accelerated rate is 5% instead of 2%, under the same $500 monthly cap. Up to 9 authorized users at no fee.

'Earn 5% Cash Back on gas and groceries for the first 6 months' subject to the same $500 monthly spend cap. Bonus_tier1_spend of 3000 represents the maximum qualifying spend over the 6-month window ($500 per month x 6); MBNA itself publishes only the monthly cap. Bonus posts 8-10 weeks from the transaction date. Limit one bonus offer per new account. MBNA notes the offer 'may be amended or cancelled at any time without notice' and publishes no end date.

Purchase Assurance covering eligible items for 90 days, with a $60,000 lifetime limit per account. Extended Warranty doubling the manufacturer's coverage up to one additional year. Trip Assistance, Legal Assistance and Emergency Card Replacement services (assistance services, not insurance). No travel insurance and no mobile device insurance. The 2% gas and grocery rate is capped at $500 of spend PER MONTH, so the maximum accelerated cash back is about $120 a year. The '2%' headline is almost meaningless above modest spend. The base rate is only 0.5%, well below the 1% typical of no-fee cash back cards. The '5%' is a 6-month introductory rate under the same $500 monthly cap, worth a maximum of about $150. The Purchase Assurance $60,000 limit is a lifetime cap per account, not per claim. FX fee is NOT PUBLISHED.